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H.R. 1711 117th Congress House

Financial Inclusion in Banking Act of 2021

Official title: To amend the Consumer Financial Protection Act of 2010 to direct the Office of Community Affairs to identify causes leading to, and solutions for, under-banked… Show full official titleShow less

Official title: To amend the Consumer Financial Protection Act of 2010 to direct the Office of Community Affairs to identify causes leading to, and solutions for, under-banked, un-banked, and underserved consumers, and for other purposes.

Introduced: May 17, 2021 See on congress.gov
Finance and Financial Sector Bank accounts, deposits, capitalCongressional oversightConsumer Financial Protection BureauConsumer credit
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Executive agency funding and structureFederal Reserve SystemFinancial literacyGovernment studies and investigations
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 10 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 19, 2021
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 18, 2021
Pursuant to section 5 of H. Res. 403, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 144, as amended; H.R. 204, as amended; H.R. 210, as amended; H.R. 240; H.R. 707, as amended; H.R. 711, as amended; H.R. 1157, as amended; H.R. 1447, as amended; H.R. 1510, as amended; H.R. 1711, as amended; H.R. 2027; H.R. 2167, as amended; H.R. 2441; H.R. 2494; H.R. 2533; H.R. 2655, as amended; H.R. 2695, H.R. 2704; H.R. 2788; H.R. 2878, as amended; and H.R. 3008. (consideration: CR H2482-2520; text: CR H2509-2510)
May 18, 2021
Passed/agreed to in House: Pursuant to section 5 of H. Res. 403, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 144, as amended; H.R. 204, as amended; H.R. 210, as amended; H.R. 240; H.R. 707, as amended; H.R. 711, as amended; H.R. 1157, as amended; H.R. 1447, as amended; H.R. 1510, as amended; H.R. 1711, as amended; H.R. 2027; H.R. 2167, as amended; H.R. 2441; H.R. 2494; H.R. 2533; H.R. 2655, as amended; H.R. 2695, H.R. 2704; H.R. 2788; H.R. 2878, as amended; and H.R. 3008.(consideration: CR H2482-2520; text: CR H2509-2510)
May 18, 2021
Pursuant to the provisions of H. Res. 403, proceedings on H.R. 1711 are considered vacated.
May 18, 2021
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
May 18, 2021
DEBATE - The House proceeded with forty minutes of debate on H.R. 1711.
May 18, 2021
Considered under suspension of the rules. (consideration: CR H2450-2452; text: CR H2450)
May 18, 2021
Mr. Cleaver moved to suspend the rules and pass the bill, as amended.
Mar 9, 2021
Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 9, 2021
Introduced in House
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 Latest action May 19, 2021

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Financial Inclusion in Banking Act of 2021

This bill expands the duties of the Office of Community Affairs within the Consumer Financial Protection Bureau regarding under-banked, un-banked, and underserved consumers. Specifically, the office must (1) report on impeding factors for individuals and families that do not participate in the banking system, and (2) develop strategies to increase such participation.

The bill also decreases, beginning September 30, 2031, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)

 Related & companion bills 1
  • HRES 403 Providing for consideration of the bill (H.R. 1629) to amend the Federal Food, Drug, and Cosmetic Act with respect to l…
 Bill text 3 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 1
All 1 Democratic 1
D
Williams, Nikema
Georgia · May 17, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1711: Financial Inclusion in Banking Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-1711/
MLA
"H.R. 1711: Financial Inclusion in Banking Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-1711/.
Bluebook (legal)
H.R. 1711, 117th Cong. (2026), https://openamerica.io/bill/117-HR-1711/.
Markdown link
[H.R. 1711: Financial Inclusion in Banking Act of 2021](https://openamerica.io/bill/117-HR-1711/)
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